Robinhood Sets Target Price Range for Bitcoin's August 2026 Value

The Crypto Prediction Market on Robinhood has set a target for Bitcoin's price on August 16, 2026 at 6am EDT. The range is set between $63,000 and $63,099.9951¢. This means that if the price of BTC falls within this range at the specified time, it will be considered a correct prediction.

The market uses CF Benchmarks' Real Time Index (RTI) to determine the official and final value. This is based on 60 RTI prices collected in the last minute before expiration. The average of these prices will be used as the final value.

Traders can buy or sell contracts with a payout of $1 for every contract they own if their prediction is correct. However, additional fees apply.